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Investment banking: Investors gain a taste for Turkey

The country has become more attractive for deal seekers since reforms reduced inflation to single

Turkey may not be the largest emerging market but, judging by the high level of capital markets activity, it is among the most interesting.

A recent HSBC report on emerging markets said: "Foreign banking capital appears to be queuing up to enter the market" – an observation confirmed by the recent brisk pace of dealmaking.

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